96,574 SqFt
96,574 SqFt
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 96,574 sqft
Price per Sqft $93
MLS Listing ID 26-2549
Year Built 2003
Lot Size 7.130 Acres
Acres 7.13
Lot Dimensions 7.12
Source Shasta Association of REALTORS®
Property Description
The asset is currently operating at a remarkable 98% physical occupancy by square footage, significantly outperforming the California regional average. This stability is driven by a diverse unit mix (ranging from 5'x10' to 14'x42') that serves both residential needs and high-demand commercial/RV storage. There are a total of 577 units.
The facility is strategically located just east of State Highway 273 within a General Industrial zone. It is perfectly positioned to benefit from Redding's emergence as a regional logistics hub, highlighted by the new Amazon delivery facility (completing 2026) and major local employers like Mercy Medical Center and Costco.
Situated on approximately 7.12 acres, the facility comprises 16 buildings totaling 94,238 rentable storage square feet. The property is meticulously maintained, featuring durable steel-frame construction with metal roofs and a sophisticated security suite including gated keypad entry, and 24-hour camera surveillance.
Location
State CA
County Shasta
Direction Just off of Eastside Road turning onto Progress Drive in Redding, CA.
Interior
Flooring Concrete
Exterior
Parking Features Off Street
Roof Type Metal
Building
Building Description Metal Siding, Metal Siding
Level or Stories NaN
Structure Type Metal Siding
Others
Senior Community No
Tax ID 048-120-041-000
Acceptable Financing All Cash to Seller, Cash, Cash to New Loan
Listing Terms All Cash to Seller, Cash, Cash to New Loan
Virtual Tour https://mls.ricoh360.com/67656974-2e8d-4fc8-bf7a-017b9dc4436b
Nearby Locations
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